China SXT Pharmaceuticals Commences ~$9M Offering Of 4.5M Class Ordinary Shares At $3.20/Share
China SXT Pharmaceuticals Inc. (NASDAQ:SXTC) (the "Company"), today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of
China SXT Pharmaceuticals is selling new shares of its company to raise about $9 million from investors. When a company does this, it means they need cash for their business, so watch whether they use it wisely on things like medicine research or paying bills.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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